ADT Inc. (NYSE:ADT) shares traded 0.31% higher at $9.63 on Wall Street last session.
In accordance with the data, 6 analysts cover ADT Inc. (NYSE:ADT). The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $13.00 and a low of $8.00, we find $10.00. Given the previous closing price of $9.60, this indicates a potential upside of 4.17 percent. ADT stock price is now 11.52% away from the 50-day moving average and 26.21% away from the 200-day moving average. The market capitalization of the company currently stands at $8.73B.
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It has been rated a hold by 2 analysts and a buy by 3. Brokers who have rated the stock have averaged $10.00 as their price target over the next twelve months.
, while ‘RBC Capital Mkts’ rates the stock as ‘Sector Perform’.
Insiders disposed of 111,512,274 shares of company stock worth roughly $1.07 billion over the past 1 year. A total of 0.80% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in ADT stock. A new stake in ADT Inc. shares was purchased by LMR PARTNERS LLP during the first quarter worth $7,316,000. JEFFERIES GROUP LLC invested $6,452,000 in shares of ADT during the first quarter. In the first quarter, JANE STREET GROUP, LLC acquired a new stake in ADT Inc. valued at approximately $2,567,000. BLUEFIN CAPITAL MANAGEMENT, LLC acquired a new stake in ADT for approximately $2,344,000. VOLORIDGE INVESTMENT MANAGEMENT, LLC purchased a new stake in ADT valued at around $1,954,000 in the second quarter. In total, there are 283 active investors with 90.70% ownership of the company’s stock.
ADT Inc. (NYSE: ADT) opened at $9.58 on Wednesday. During the past 12 months, ADT Inc. has had a low of $6.00 and a high of $9.82. As of last week, the company has a debt-to-equity ratio of 3.06, a current ratio of 0.50, and a quick ratio of 0.40. The fifty day moving average price for ADT is $8.64 and a two-hundred day moving average price translates $7.63 for the stock.
The latest earnings results from ADT Inc. (NYSE: ADT) was released for Jun, 2022. According to the Security & Protection Services Company, earnings per share came in at $0.06, missing analysts’ expectations of $0.18 by -0.12. This compares to -$0.13 EPS in the same period last year. The net profit margin was -0.60% and return on equity was -1.10% for ADT. The company reported revenue of $1.6 billion for the quarter, compared to $1.32 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 21.8 percent. For the current quarter, analysts expect ADT to generate $1.6B in revenue.
Moreover, the firm recently paid out its quarterly dividend on 01/04/2023. Investors who held shares on 12/15/2022 were paid a $0.035 dividend. On an annualized basis, this represents a $0.14 dividend and a 1.45% percent yield. There was an ex-dividend date of 12/14/2022 for this dividend.
ADT Inc.(ADT) Company Profile
ADT Inc. provides security, automation, and smart home solutions to consumer and business customers in the United States. It provides a range of fire detection, fire suppression, video surveillance, and access control systems to residential, commercial, and multi-site customers. The company primarily offers monitored security and automation solutions, including the installation and monitoring of security and premises automation systems designed to detect intrusion, control access, sense movement, smoke, fire, carbon monoxide, flooding, temperature, and other environmental conditions and hazards; and address personal emergencies, such as injuries, medical emergencies, or incapacitation. It also provides interactive and smart home solutions that allow customers to use their smart phones, tablets, and laptops to arm and disarm their security systems, adjust lighting or thermostat levels, and view real-time video of their premises; and creates customized and automated schedules for managing lights, thermostats, appliances, garage doors, cameras, and other connected devices, as well as offers monitoring and maintenance services. The company offers its products under the ADT, ADT Pulse, Protection 1, ADT Commercial, and Blue by ADT names. It operates through a network of approximately 250 sales and service offices, as well as three regional distribution centers, which are supported by 17 multi-use sales, customer, and field support locations housing its nine UL-listed monitoring centers and four national sales centers. The company was formerly known as Prime Security Services Parent, Inc. and changed its name to ADT Inc. in September 2017. ADT Inc. was founded in 1874 and is headquartered in Boca Raton, Florida.
